IFT - Infratil

**Caesius** · 17-10-2006, 03:52 PM

This a breakout?

**Snow Leopard** · 17-10-2006, 05:16 PM

depends whether you believe in: flags, pennants, banners, symmetric triangles, assymmetric triangles, wedges, wedgies, resistance levels, support levels, arbitrary levels, making the data fit the facts, making the facts fit the data, one size fits all, no size fits anyone, uptrends, downtrends, no trends, trading ranges, efficient markets, inefficient markets, insider trading, outsider trading, inside-out trading, outside-in trading, tops, double tops, triple tops, head and shoulder patterns, wearing you top inside-out, wearing your top outside-in, bottoms, double bottoms, wearing your pants inside-out, wearing your pants outside-in, cup and saucer patterns, cup and handle patterns, mugs, bottles, drinking from a cup and saucer, drinking from a mug, drinking straight from the bottle, any of the stuff that kittydashword posts, any of the stuff that phaedrus posts and lastly but by no means leastly any of the stuff posted by Paper Tiger.

Edit: knew I would not get it all right first time

**Rif-Raf** · 17-10-2006, 06:38 PM

Who knows, the market's been strong this week.
I'm sure the Alliant/Trustpower situation is the key driver of activity. The TPW price has been a bit weaker, one way or the other I'm sure their exit will create an opportunity for IFT with that investment. The other issue that I beleive was weighing on the SP was bird flu fears which you don't hear much about these days.

**COLIN** · 17-10-2006, 08:28 PM

I think the market has also been a bit concerned at the likely effect on Wellington Airport's profits if Quantas/Air NZ get approval for their code share scheme which they seem to be doggedly pursuing.

**beacon** · 18-10-2006, 09:51 AM

Very nice PT. Starts my morning with a smile.
Regards

**Caesius** · 19-10-2006, 04:42 PM

Down 3.2% on what looks like HUGE volumes. Maybe not a breakout lol.

**Caesius** · 19-10-2006, 04:51 PM

What do you make of this http://www.nzx.com/market/market_ann...pany?id=138510?

Is this announcement the cause of the gigantic fall today?

Or was it Wellington Airport's increased fees? - I thought that particular announcement would have a $positive$ effect on the SP.

**kura** · 19-10-2006, 10:13 PM

quote:Originally posted by hiawatha

Who are Arrowhead Energy? Are they a new company?
They seem to have a website which is still under construction.
hiawatha

Austral Pacific Energy Ltd. ("Austral Pacific") announced today that it has
signed a heads of agreement to acquire all the shares of Arrowhead Energy
Limited ("Arrowhead"), a small, privately held, New Zealand oil and gas
exploration and production company, for net NZ$17 million (US$11.0 million).

Arrowhead's principal assets include a 33% interest in the Cheal oil field
(PMP 38156), a 33% interest in the surrounding exploration permit (PEP
38738-01) and a 25% interest in the Kahili mining permit (PMP 38153).